Builders record busiest month for home construction in 13 years

Builders record busiest month for home construction in 13 years

Canadian housing starts, led by a blazing construction pace in Ontario, accelerated to the highest level seen in 13 years in August. On a national level, starts reached 262,400 annualized units in August, up seven percent from July?s reading for the fastest pace of...
Canadian home prices unlikely to recover by 2022: CMHC

Canadian home prices unlikely to recover by 2022: CMHC

Canadian home prices have a long road ahead as they fall and then gradually recover from the shock of the COVID-19 pandemic. A new report published by the Canada Mortgage and Housing Corporation (CMHC) provided fresh insight into what to expect from the country?s...
Toronto home building will rebound in 2021: CMHC

Toronto home building will rebound in 2021: CMHC

When it comes to home building, Toronto will mount a stronger recovery than other parts of the province in 2021 and 2022 after taking a hit this year. The prediction from the Canada Mortgage and Housing Corporation (CMHC) comes as Toronto entered stage two of...

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